The members of the community bank Hatún Tarpuy are from the community Yaruca, in the district of Vinchos, in the province of Huamanga, in the department of Ayachucho. The community is located one hour and 45 minutes from the city of Ayacucho. The inhabitants work in agriculture and livestock.

Adela is married. She has 6 children, the eldest of whom is 16 and the youngest of whom is 1. Adela buys and sells vegetables in her community and also in markets. For this she has the help of her husband and children. With this loan she would begin a project buying pigs in order to fatten them, and also vegetables. Adela is saving to buy the things that she needs and she dreams of improving her business, educating her children.

Celestina is a single mother, and she has 3 children. Celestina began with her business when she was very young, buying cheeses from her community which she later sells in the city of Ayacucho. Also she takes orders for jackets. She would use her loan for her project of buying cheese and wool. Celestina dreams that her children might become professionals, and to improve her business.

Paulina is married and she has 6 children. Paulina works buying and selling small animals in her own community. She manages this work with the help of her husband and children. Paulina dreams of saving enough to assure the future of her family and to educate her children.

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.